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Bobby Bonilla's Contract (25 years)

M

manchild24

Kyle got fired
Did you guys see where Bonilla is getting 1.2 million for the next 25 years from deferring his money back in 99 I think, the last time he was a Met.

Wow is this franchise taking a deeper and deeper nose dive. I know its only 1million and thats pocket change in baseball but holy shit.
 
Every year when taking a look at the payroll, there's 'lil Bonilla still collecting.

Eh, more power to the guy. Now only if we could get some damn pitching. ;)
 
EmpireWF said:
lol haven't heard that name in years

what's the guy up to these days?
Click to expand...

I just googled him. He's 23 coaching HS baseball...............for free

PEOPLE%20ALMONTE120726--300x450.jpg


Must have found the Tequilla

040110monroetourneyfinalday15dr120643--300x300.jpg
 
EmpireWF said:
Every year when taking a look at the payroll, there's 'lil Bonilla still collecting.

Eh, more power to the guy. Now only if we could get some damn pitching. ;)
Click to expand...

Oliver Perez is still collecting as well
 
manchild24 said:
Did you guys see where Bonilla is getting 1.2 million for the next 25 years from deferring his money back in 99 I think, the last time he was a Met.

Wow is this franchise taking a deeper and deeper nose dive. I know its only 1million and thats pocket change in baseball but holy shit.
Click to expand...

Give Bonilla credit. That's pretty smart.
 
lol @ the story behind it...

Bless you, Steve Phillips, for you are the gift that keeps on giving. In January 2000, Phillips, then-GM of the New York Mets, and team president Fred Wilpon needed to free up some cash to sign free agents, so they asked Bobby Bonilla if they could give him an IOU on the remaining $5.9 million of his contract to the tune of eight percent interest. Bonilla agreed and, we like to think, kissed Phillips on the mouth and yelled, “I’M RICH, BITCH!” Because starting in 2011, the Mets owe Bonilla $1.2 million per year for 25 years.

The deal allowed the Mets to sign future Hall-of-Famers guys we’ve heard of Mike Hampton, Todd Zeile and Derek Bell. The Mets advanced to the World Series that year before being trounced by the Yankees 4-1. After that season, Zeile stuck around another season and sucked, Bell went to the Pirates, and Hampton became the greatest pitcher in the history of baseball. Haha, just kidding, he developed leprosy.

http://withleather.uproxx.com/2010/07/mets-ink-bobby-bonilla-to-25-year-deal
Click to expand...

8% in interest a year means $1.2 million per year until infinity...or so it seems.
 
Reds are still paying Griffey, which infuriates me, because he didn't deserve the money when he was actually on the team.

I wonder if he casually jogs over to the bank to cash the checks the same way he casually jogged over to first on potential IF hits, and casually jogged in the OF while chasing down gapers.
 
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